Navigating the UK and US Regulatory Terrain of Off-Channel Communications

CM Murray LLP - Employment, Partnership and Regulatory Law

We are delighted to share with you a podcast focusing on 'Navigating the UK and US Regulatory Terrain of Off-Channel Communications'. Listen to the podcast and see below for further details. Historically, it has been easier for employers to monitor record keeping and the contents of off-channel communications. This has become increasingly important as technology evolves and new platforms become available. In this interesting discussion, Wendi Lazar, C-Suite Strategies LLC (New York, USA), Sebastian Sayer, Fox Williams (London, UK) and Natalie A. Napierala, Carlton Fields (New York, USA), speak with Stuart Smith of CM Murray LLP about the actions taken by both US and UK regulators and the practical steps that firms can take to avoid fines. In particular, the panel discuss: - An overview of the rules and sanctions applied by US regulators (SEC, CFTC and FINRA) and UK regulators (FCA and FSA) relating to violations for engaging in off-channel communications and the purpose of record keeping regulations. - What response from these regulators are we likely to see going forward for breaches of record keeping regulations? - Recommended strategies, procedures, training, and internal policies that can be put in place by employers to comply with the regulations. - What is the best practice for employees and supervisors to comply with regulations and limit their own personal risk?